N5bn Debt : AMCON takes over mansions of ex-Kwara Governor
N5bn Debt : AMCON takes over mansions of ex-Kwara Governor
The Assets Management Corporation of Nigeria (AMCON) has taken over some houses belonging to former Governor Abdulfattah Ahmed of Kwara State over a N5 billion debt.
The houses are located at Abdulrazaq road, GRA, Ilorin.
Jude Nwazor, spokesman of AMCON, confirmed this to Daily Trust in a telephone chat.
He said the commission is currently preparing a statement.
He, however, said the debt was a personal one by the former governor.
Ahmed, who succeeded former Senate President Bukola Saraki, governed Kwara between 2011 and 2019.
The property, located at no 19b AbdulRazaq road, GRA, Ilorin is among the properties seized by AMCON following an interim order granted by the Federal High Court, Lagos.
According to the court order at his residence, the interim order was granted attaching a N4 billion due and accruing from Trans Properties and Investment Limited, Trans IT and Consulting Limited, and Alhaji Abdulfatah Ahmed.
The former governor and the two companies are the defendants.
The order also granted AMCON the possession of all movable and immovable assets of the defendants in nine locations in Abuja, Lagos, and Ilorin.
Details later…
